Eliminations
Discussion List
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Error on FCCS_50 rule write on FCCS_ProportionContent Hello, When using Calculation Manager, we created a rule in "FCCS_50_After Opening Balance Carry Forward_Consolidated", where we use "FCCS_Proportion" inside the…Daniela Morais 37 views 5 comments 0 points Most recent by Daniela Morais Financial Consolidation and Close -
Will enabling Partner Elimination feature change any of the exisiting out of box rule?Content Dear Experts, I'd like to understand , will enabling Partner Elimination feature has any impact on the existing out of box rules? Thanks, Ivy -
FCCS_Proportion get me an unbalanced Balance SheetContent Hi All, I have this scenario: in December 2019 an entity passes from 0% not consolidated to 100% Consolidated. Balance Sheet is balanced in "Entity Total"-> "Par…Gianluca Natili 28 views 5 comments 0 points Most recent by ioannisvossos Financial Consolidation and Close -
Ownership module not enabledContent Hi guys, We're currently working in an application that does not have the Ownership Module enable. It's an organization with 10 companies, all fully owned. Elimi… -
Error calculating Minority InterestSummary Minority Interest does not calculate properly using Configurable CalculationsContent In Configurable Calculation Rule-set (Subsidiary, proportional) the minority…Carlos Amaral 26 views 6 comments 0 points Most recent by Carlos Amaral Financial Consolidation and Close
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Current year pre-acquisition Retained EarningsSummary Against which account member to do journal to transfer Current year pre-acquisition Retained Earnings to Retained Earnings Current Pre-Ownership Change account?C…
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Configurable Consolidation rule and Standard Eliminations of FCCSContent Dear All, I know FCCS has a "Periodic" engine. So I want to describe my "scenario" and my needs: I loaded data from HFM in "entity currency" for all my entities,…Gianluca Natili 46 views 6 comments 0 points Most recent by Keith Glide Financial Consolidation and Close
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New video tutorial now available for Financial Consolidation and CloseSummary Creating Configurable Consolidaton Rules with Partner EliminationsContent We are pleased to announce the availability of the following new video tutorial for Fin…Ron Reiley-Oracle 37 views 1 comment 2 points Most recent by Antonio Barbaro Financial Consolidation and Close -
FCCS_Retained Earnings Prior Opening YTD - Very HighSummary FCCS_Retained Earnings Prior Opening YTD - Very HighContent Hi All, I have a problem with Opening Balance for the "FCCS_Retained Earning Prior" Account. I have a…Antonio Barbaro 52 views 11 comments 0 points Most recent by Antonio Barbaro Financial Consolidation and Close -
Full amount of Retained Earnings is eliminated to Goodwill on the month of System initializationContent Dear Expert, We have observed that full amount of Retained Earnings is eliminated to Goodwill on the month of System initialization(e.g FY18 Dec). As a result, t…
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Minority interest % changes during the yearSummary How to deal with minority result when ownership changes during the year?Content In the beginning of the year the ownership of a certain entity is 70%. During the…Joost Mellegers 39 views 2 comments 0 points Most recent by Joost Mellegers Financial Consolidation and Close
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Idea Labs for FCCSSummary Idea Labs for FCCS is now enabled - submit your requestsContent The Idea Lab allows you to contribute to our product roadmap that is derived from a variety of in…Rich Wilkie-Oracle 84 views 4 comments 0 points Most recent by AV5-38401 Financial Consolidation and Close
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Retained Earning Elimination queryContent Hi all We have an issue where some elimination is not happening, and we do not understand the reason behind it: Example: This account (FCCS_Retained Earnings) ha… -
Configrable consolidation Rules (Net Income)Summary Configrable consolidation Rules (Net Income) calcuating on periodic level only and not YTDContent When applying the consolidation rule : Net Income (Subsidiary) …
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"PElim" (Partner Elimination) in FCCSContent Hello, I have a transaction with Entity A and Intercompany X. During consolidation process I need to eliminate in the source entity (Entity A) and also, to creat…Carolina Silva 68 views 25 comments 2 points Most recent by Julien C Financial Consolidation and Close
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I want to know whether the ICP-Eliminations works for Associate entity or not??Summary I want the ICP -Elimination only for Subsidiary EntityContent Dear All, I have Created 2 Entities one with 70% and another Entity with 30%, I want the ICP Elimin…Ragavi Ravi 46 views 3 comments 0 points Most recent by Ignacio González Financial Consolidation and Close
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Reversal of Minority InterestsContent Hi, Somebody could help me how do you solve the case of the reversal of minority interests? When a consolidate owns the minority generated in another consolidate…Carolina Rodríguez Fleming 24 views 2 comments 0 points Most recent by Carolina Rodríguez Fleming Financial Consolidation and Close
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FCCS Amount OverridesSummary Is documentation/instruction available, including form construction?Content Does anyone have clear documentation on how best to create FCCS forms for loading "am…Steven Getze, CMA 77 views 15 comments 0 points Most recent by Tushant Pandey-151106 Financial Consolidation and Close
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Shared entity - minority interestSummary Consolidation of shared entity with different ownership within the same groupContent Hi, We have an entity that is owned by two different parent entities by 99.5…Magdalena Rønneberg 45 views 3 comments 0 points Most recent by DISHIL SHAH Financial Consolidation and Close
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Elimination of Investment in Sub in FCCS Standard versionSummary By using FCCS Standard version, the elimination of investment is still working ?Content Hi FCCS gurus, My client is using FCCS standard version, which, there are…Yohana Indrianie-175273 48 views 10 comments 0 points Most recent by Yohana Indrianie-175273 Financial Consolidation and Close
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What will happen if Ownership Management is not enabled for an application?Summary What will happen if Ownership Management is not enabled for an application? Wil all of the entities be considered as Subsidiaries and 100% consolidated?Content D…IvyWang 23 views 3 comments 0 points Most recent by Antonio Barbaro Financial Consolidation and Close
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Minority Interest Elimination not occurring at parent levelSummary Minority Interest Elimination not occurring at parent levelContent Hi all We are trying to run a Minority Elimination, but it seems that it works only at the bas…
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Gartner releases Magic Quadrant for Cloud Financial Close Solutions (Hint: Oracle is a leader)Summary I took the liberty of extracting the best bits for you out of the just published Gartner Magic Quadrant for Cloud Financial Close Solutions. It is nice to see Ga…Ed Graham-173125 18 views 0 comments 1 point Started by Ed Graham-173125 Financial Consolidation and Close -
Accounts out of FCCS_Balance Sheet StructureContent Hi Experts, I would like to ask you two things: - I have created a plug account which is in the FCCS_Balance Sheet structure but I have also created my accounts …
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Security on Acquisition/Disposal_Input movement not possible?Summary Security doesn't work on FCCS_Mvmts_Acquisitions_Input and FCCS_Mvmts_Disposals_Input.Content Hi, Customer requirement is that only admins can write on the movem…Roland van den Berg-37856 10 views 0 comments 0 points Started by Roland van den Berg-37856 Financial Consolidation and Close -
Proportional ConsolidationSummary P&L is not consolidating as per selected methodContent Hi All, We have a requirement where an entity is consolidated using proportional method. We have done the …Amit Kulkarni-147597 19 views 1 comment 0 points Most recent by Antonio Barbaro Financial Consolidation and Close